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Search Results 0 to 16 of about 17 (some duplicates have been removed)
Jul 26, 2011 5:30pm PDT
planet. >> you hear about alternatives, right? wind, solar, algae. >> i think it's got to work on a big scale. and i think it's got to be affordable. >> so, where are they? >> it has to work in the real world. at chevron, we're investing millions in solar and biofuel technology to make it work. >> we've got to get on this now. >> right now. the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: much talk, but little movement: the high-stakes debt and deficit impasse continued today, and last night's dueling primetime speeches by president obama and speaker boehner only seemed to reinforce the bitter stalemate over raising the country's borrowing limit. newshour congressional correspondent kwame holman begins our coverage. >> reporter: it was house speaker john boehner who had the last word
Jul 25, 2011 5:30pm PDT
as the big three, and command a 93% share of the market. they look at the books of businesses and countries and judge how able they are to pay back financial observations. in a complex internet -- international economy, this information is vital to investors. when the bretton woods system of monetary management fell apart in the 1970's, the role of ratings agencies became even more important. the u.s. government gave them the task of assuring financial reliability. the european union has also require banks to increase capital in line with risk exposure. that risk is measured by the ratings agencies. >> the influence of ratings agencies lies on the one hand in the way their evaluation system has been incorporated into legislation. on the other hand, many business contracts are tied to the marks of the ratings agencies. that means certain private investors will only invest if there is a certain rating. >> one such example is the insurance giant allianz, which relies on ratings agencies to invest huge amounts of capital. but that system historically failed on a massive scale and when the agenc
Jul 25, 2011 10:00pm PDT
. and this going on in washington is a big part of the reason why. before i served in congress i ran a small business in ohio. i was amazed at how different washington d.c. operated than every other business in america. where most american businesses make the hard choices to pay their bills, live within their means. in washington, more spending and more debt is business as usual. well, i've got news for washington, those days are over. president obama came to congress in january and requested businesses as usual. he had ner routine increase in the national debt, but we in the house said not so fast. here was a president asking for the largest debt increase in american history on the heels of the largest spending binge in american history. and here's what we got for that massive spending binge. a new health-care bill that most americans never asked for. a stimulus bill that's more effective in producing material for late night comedians than it was in producing jobs. and a national debt that has gotten so out of hand it sparked a crisis without precedent in my lifetime or yours. the united st
Jul 25, 2011 3:00pm PDT
to take on our deficit is with a balanced approach. one where the wealthiest americans and big corporations pay their fair share too. >> reporter: meanwhile the leader of the democratic majority in the senate, harry reid, has been working on a competing proposal. it would raise the debt ceiling and cut $2.7 trillion in spending. the savings would come from federal agencies and defense spending but avoid controversial changes to entitlement programs and the u.s. tax code. >> so now all the republicans have to do is say yes. unfortunately, the republicans who used to run the congress on the caucuses are being driven by the radical, right wing that is so in tune with the tea party. they want their leaders to ignore the american people as they're doing. they want their leaders to ignore the business leaders like the chamber of commerce that they're ignoring. and even a majority of republicans around this country want something to happen and they're refusing to do that. >> reporter: this afternoon reid's plan got official endorsement from the white house spokesman describing it as a
Jul 22, 2011 5:30pm PDT
of the wounds were really, really, really big. some of them had, you know, they had been running for their lives. they had their bones broken. some of them, you know, they were full of blood and dirt. >> reporter: this was the youth camp last year. norway's prime minister visiting. he was due at the camp tomorrow to give a speech. this was the youth camp just yesterday. these young people, the targets of an attack that has come out of the blue on a sunny summer's day, a day of horror, so far unexplained. >> woodruff: president obama extended his condolences to norwegians today, and offered american assistance with the investigation. for more on all this, we're joined by ahnders tvegard of norwegian public broadcasting. we thank you both. and i'm going to go to you first, in oslo. what is the latest that's known on the casualties, dead and injured? >> yeah, what they are telling about what happened out on the island, they have so far said that there are ten casualties at the island but they are not ruling out that there can be some more people that are being killed out there. they are even found
Search Results 0 to 16 of about 17 (some duplicates have been removed)